Ben Geman of Axios reports that GM is accelerating their electric vehicle investments.
- General Motors is pouring billions of dollars into its electric vehicle development.
- Part of GM’s strategy includes building two more battery cell manufacturing plants, in addition to the two already under construction in Ohio and Tennessee.
- The private sector is investing heavily in emissions-reducing technology.
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“General Motors plans to boost its cumulative investment in electric and autonomous vehicles to $35 billion from 2020-2025, a significant jump from a $27 billion target.”
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